Top 20 Canadian Development/Management firms by Units

| 1
www.can-lodgingnews.com
S E P T E M B E R 2 012
TOP
55
CHAINS 2012
Research: Peter Elliott
Design: Colleen Isherwood and
Leslie Wu
report
CANADIAN LODGING NEWS’ ANNUAL
REPORT ON LEADING HOTEL COMPANIES
For the fourthyear in a row, we have
expanded our annual report to include
the top 35 hotel brands in Canada with
information such as gross sales, units
by region, and rooms by region. The
report also lists the top 20 developer/
owners and management companies,
providing similar information. Regional
breakdowns are tabulated as well.
Top 20 Canadian Development/Management firms by Units
Rank
2012
Rank
2011
Name
Type
No.
Units
No.
Rooms
1
1
Westmont Hospitality
Group
2
2
3
Sales
$Millions
Expansion Notes
Management
Company
173
23,000
InnVest REIT
Developer/
Owner
143
18,616
3
Superior Lodging Corp.
Developer/
Owner
132
8,901
N/A Late last year, Superior Lodging Corp. promised to open 75 new construction Microtel Inns and Suites in Canada over the next 25 years. The first two new Microtels are
opening this year in Estevan, SK and Timmins, ON.
4
5
Atlific Hotels
Management
Company
44
6,944
N/A Atlific added the Radisson Hotel & Suites and the Clearwater Residence Hotel TImberlea in Fort McMurray to its portfolio.
5
4
Pacrim Hospitality
Services
Management
Company
37
3,718
N/A Pacrim opened the luxury, four-star Crowne Plaza Hotel and Conference Center in
Suffern, New York in mid-2011
6
N?A
Lakeview Management
Inc.
Developer/
Owner/Manager
35
2,923
7
6
Canalta Hotels
Developer/
Owner/Manager
34
2,389
N/A The Canalta Group of Companies is a family-owned hospitality enterprise that
includes 34 hotels operating under the Canalta, Ramada, Super 8 and Travelodge
brands and restaurants operating as Boston Pizza’s, A&W’s and Canalta’s unique
brands, O’Shea’s Ale House and Eatery and Pros and Joes.
8
N/A
bcIMC
Developer/
Owner
32
7,989
N/A Southcore Financial Centre, set for completion in 2014, is bcIMC’s first large-scale
mixed-use development. The complex encompasses a 45-storey four-star hotel, The
Delta Toronto and two class-A office towers.
9
7
Royal Host
Developer/
Owner
24
3,092
$89.61
10
N/A
Fortis Properties Corporation
Developer/
Owner
22
4,305
$164.00
11
8
SilverBirch Hotels &
Resorts
Management
Company
20
4,517
N/A In October 2011, SilverBirch announced a partnership with Marriott International
Hotels to bring Marriott-branded hotels to Canadian cities, including a Residence Inn
by Marriott in Vancouver, a TownePlace Suites by Marriott to Toronto airport area and
a Fairfield Inn and Suites to St. John’s, NL.
12
12
Silver Hotel Group
Developer/
Owner
18
2,416
N/A In May, 2012, Silver Hotel Group opened the country’s second aloft Hotels, aloft
Vaughan Mills north of Toronto in conjunction with Northampton Group.
13
N/A
Shirin Group
Developer/
Owner
18
759
14
14
Northampton Group
Inc.
Developer/
Owner
16
2,088
15
13
Easton's Group of
Hotels
Developer/
Owner
15
2,755
16
9
Holloway Lodging REIT
Developer/
Owner
15
1,399
17
N/A
Sterling Group Inc
Developer/
Owner
13
914
18
N/A
Temple REIT
Developer/
Owner
12
1643
19
N/A
Mayfair Properties
Developer/
Owner
12
1064
N/A The company has 2 hotels in North Vancouver with one more on the way, and seven
downtown Vancouver with one more Hilton on the way there.
20
12
Crescent Hotels &
Resorts
Management
Company
11
1925
N/A
N/A Westmont has formed strategic alliances with brands including Fairmont, InterContinental Hotels Group, Hilton, Accor, Starwood, Wyndham, Choice Hotels, Renaissance, Radisson and Best Western.
$617.11
$32.02
The InnVest REIT portfolio includes hotels from many respected brand names in the
hospitality industry such as: Best Western; Comfort; Delta; Fairmont; Hilton; Hilton
Garden Inn; Holiday Inn; Holiday Inn Express; Homewood by Hilton; Les Suites; Quality; Radisson; Sheraton; Staybridge Suites and Travelodge. InnVest REIT works in
partnership with Westmont Hospitality Group.
Lakeview Management Inc. is building two new hotels in downtown. Winnipeg. Construction is also underway for the $20-million, six-storey, 80-room Grand Winnipeg
Airport Hotel, and a $12-million, five-storey office building to link the Grand hotel with
Lakeview’s nearby Four Points by Sheraton Hotel.
Six hotels were sold by the company during the year ended December 31, 2011, one
hotel sold in the three months ended March 31, 2012 and one hotel damaged by a
fire during 2011 and a flood in 2012. The company’s hotels operate under brands
such as Travelodge, Super 8, Holiday Inn, Hilton and Country Inns & Suites. Two are
independently branded. In addition to its real estate holdings, the company owns and
operates the Travelodge Canada franchise business which is currently comprised of
over 90 hotels across nine Provinces and Territories.
Fortis acquired its first Hilton property, the Hilton Suites Winnipeg Airport.
N/A The Shirin Group collection includes hotels in Calgary, and Edmonton, Alberta, a
portfolio including multiple brands such as InterContinental Group, Hilton Worldwide,
Wyndham Hotels, and Choice Hotels.
$29.57
The aloft Vaughan Mills is the second entry in Northampton’s strategic development
initiative, developed and built in conjunction with the Silver Hotel Group.
N/A Easton’s purchased Holiday Inn Yorkdale, Toronto in Dec. 2011, and plans to build a
Marriott TownePlace Suites in Thunder Bay.
$78.40
Holloway is a real estate investment trust focused on acquiring, owning and operating select and limited service lodging properties and a small complement of full
service hotels primarily in secondary, tertiary and suburban markets. In July, the
company sold the Super 8 hotel located in Three Hills, Alberta for $4.5 million.
N/A Sterling Group Inc. has a Suburban Extended Stay property under construction on
Jarvis Street in Toronto.
$71.18
Temple REIT added a number of properties this year including the Radisson Hotel &
Suites in Fort McMurray, AB and The Inn at the Quay, in New Westminster, BC.
Headquartered in Fairfax, Virginia, Crescent Hotels & Resorts owns and co-invests
in hotel real estate, and is an independent, third-party operator of hotels and resorts.
The company currently owns or operates approximately 60 hotels and resorts – with
approximately 13,000 rooms in 22 states, Canada and the Caribbean.
www.can-lodgingnews.com
2 |
TOP
55
CHAINS 2012
report
CANADIAN LODGING NEWS
CANADIAN LODGING NEWS’ ANNUAL
REPORT ON LEADING HOTEL COMPANIES
Top 35 Canadian Hotel Brands by Units
Rank
2012
Rank
2011
Company
1
1
Best Western International
Units
2012
Units
2011
Rooms
2012
Rooms
2011
Sales
2012
($M)
194
189
18,548
17,495
N/A
Sales
2011
($M)
Expansion notes
N/A Added five hotels and 1,053 rooms. Rolled out differentiator
program: Best Western; Best Western Plus and Best Western
Premier. Openings included St. Catharines, Hamilton
2
2
Comfort (Choice Hotels Canada)
148
149
12,530
12,612
N/A
N/A
3
3
Super 8 (Wyndham)
133
127
8,608
8,302
N/A
$150.70
Six more hotels than last year.
4
4
Days Inns - Canada (Realstar)
90
89
8,052
8,036
N/A
N/A Openings included Surrey and Kelowna, BC
5
5
Travelodge (Canada) Limited
Partnership (Travelodge)
84
84
7,940
7,860
N/A
N/A Openings included Kamloops, BC; North Battleford and Moose Jaw,
SK; Belleville, ON
6
6
Holiday Inn Express (IHG)
77
78
7,947
8,018
N/A
N/A Holiday Inn Airport East added.
7
7
Quality (Choice Hotels Canada)
76
78
7,590
7,889
N/A
N/A
8
8
Ramada Worldwide (Wyndham)
67
67
6,991
6,991
N/A
N/A
9
10
Holiday Inn Hotel & Resorts (IHG)
64
60
11,591
10,962
N/A
N/A New properties included Holiday Inn Red Deer and Edmonton
South, AB
10
9
Howard Johnson Canada Franchise
Systems Limited (Full House)
64
66
4,618
4,847
N/A
N/A Howard Johnson Canada will be adding three new locations
representing 158 rooms, in Cornwall, Lindsay and Guelph, ON.
11
11
Econo Lodge (Choice Hotels Canada)
52
53
2,622
2,669
N/A
N/A
12
12
Delta Hotels & Resorts
43
43
12,723
13,297
N/A
N/A Renovations to hotels in Atlantic Canada. Announcement of new
ModeRoom design for guestrooms.
13
13
Sandman Hotel Group (Sandman)
42
42
6,247
6,247
$150.00
14
14
Hampton Inn/Hampton Inn & Suites
(Hilton)
35
34
3,817
3,689
N/A
15
15
Coast Hotels & Resorts
29
32
3,952
4,060
$150.57
16
22
Canada's Best Value Inn (Vantage
Hospitality Group)
28
18
1,275
829
N/A
N/A Added 10 new units this year.
17
16
Four Points by Sheraton (Starwood)
24
23
3,532
3,378
N/A
N/A Projected openings include Regina downtown, Edmonton Gateway,
Edmonton Airport, Kelowna Airport, and Edmundston, the first Four
Points by Sheraton in New Brunswick.
18
21
Knights Inn Canada Franchise
Systems Limited (Full House)
23
19
865
710
N/A
N/A Knights Inn Canada is adding five new locations representing 118
rooms in Parry Sound and Kincardine, ON, Summerside, PEI –
Mulberry Inn, Woodstock, NB and Christina Lake, BC.
$150.00
Sandman bought Sutton Place and changed their hotel in
Revelstoke to a Sutton Place brand
N/A Hampton Inn Sydney opened in June, while other Hamptons are
planned for Fredericton and Halifax.
$151.94
19
N/A
Lakeview Inn & Suites
21
N/A
1,539
N/A
N/A
N/A
20
17
Fairmont Hotels & Resorts
20
21
9,956
10,176
N/A
N/A Former Fairmont Algonquin Hotel, St. Andrews By-The-Sea, NB
will reopen as Marriott Autograph Collection in 2013. Renovations
included Fairmont Le Manoir Richelieu in Charlevoix, Le Château
Frontenac, in Quebec, and Fairmont Palliser in Calgary.
21
24
Courtyard by Marriott (Marriott)
19
17
3,495
2,914
N/A
N/A New Courtyard by Marriott opened in Calgary.
22
19
Hilton Garden Inn (Hilton)
19
19
3,095
2,961
N/A
N/A
23
20
Motel 6 (Realstar)
19
19
1,766
1,773
N/A
N/A Formerly a ‘new build’ brand, Motel 6 will now consider conversion
properties.
24
18
Radisson by Carlson (Carlson)
18
21
3,349
3,911
N/A
N/A
25
25
Residence Inn by Marriott (Marriott)
18
17
2,598
2,450
N/A
N/A New Residence Inns opened in Calgary and Vancouver
26
23
Sheraton Hotels and Resorts
(Starwood)
17
17
7,777
7,777
N/A
N/A Le Centre Sheraton in Montreal underwent a $40-million renovation.
There is a new Sheraton in Red Deer.
27
27
Westin Hotels & Resorts (Starwood)
15
15
5,671
5,671
N/A
N/A
28
29
Marriott Hotels & Resorts (Marriott)
15
14
5,392
5,171
N/A
N/A
29
28
Hilton (Hilton)
15
15
5,308
5,306
N/A
N/A
30
26
Nova Hotels
14
16
1,229
1,250
N/A
N/A
31
31
Executive Hotels & Resorts
12
12
1,914
1,914
N/A
N/A
32
N/A
Fairfield Inn & Suites by Marriott
(Marriott)
11
N/A
1,234
N/A
N/A
N/A SilverBirch is bringing a Fairfield Inn & Suites to St. John’s, NL
33
33
Rodd Hotels & Resorts
10
10
1,065
1,065
N/A
N/A
34
34
Homewood Suites by Hilton (Hilton)
10
10
1,058
1,058
N/A
N/A Six Homewood Suites planned by end of 2014. Generation 9
prototype now available.
35
N/A
Pomeroy Inn & Suites Inc.
10
10
923
923
N/A
N/A
TOP
55
CHAINS 2012
report
Top 20 Ontario Brands by Units
Rank
2012
Rank
2011
| 3
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S E P T E M B E R 2 012
Company
Units
(ON)
Units
(CAN)
Rooms
(ON)
Rooms
(CAN)
CANADIAN LODGING NEWS’ ANNUAL
REPORT ON LEADING HOTEL COMPANIES
Top 20 Western Brands by Units
Rank
2012
Rank
2011
Company
Units
(WEST)
Units
(CAN)
Rooms
(WEST)
Rooms
(CAN)
1
1
Comfort (CHC)
68
148
6,027
12,530
1
1
Best Western International
2
2
Best Western International
62
194
5,793
18,548
2
2
Super 8 (WYN)
113
194
9,836
18,548
86
133
5,408
8,608
3
3
Days Inns - Canada (REA)
35
90
3,590
8,052
3
3
Ramada Worldwide (WYN)
53
67
5,119
6,991
4
4
Travelodge (Canada) Limited
Partnership (TRA)
35
84
3,521
7,940
4
4
Travelodge (Canada) Limited
45
84
3,964
7,940
5
5
Howard Johnson Canada
Franchise Systems Limited
(FUL)
31
64
2,313
4,618
Partnership (TRA)
5
5
Days Inns - Canada (REA)
44
90
3,474
8,052
6
6
Sandman Hotel Group (SAN)
40
42
5,777
6,247
7
7
Holiday Inn Express (IHG)
36
77
3,616
7,947
6
7
Super 8 (WYN)
30
133
2,050
8,608
7
9
Holiday Inn Hotel & Resorts
(IHG)
29
64
5,772
11,591
8
6
Holiday Inn Express (IHG)
29
77
2,919
7,947
10
11
Quality (CHC)
25
76
2,153
7,590
11
12
Holiday Inn Hotel & Resorts
24
64
3,431
11,591
22
64
1,529
4,618
21
52
1,142
2,622
9
8
Quality (CHC)
27
76
2,973
7,590
10
10
Hampton Inn/Hampton Inn &
Suites (HIL)
17
35
1,833
3,817
11
14
Knights Inn Canada Franchise
Systems Limited (FUL)
16
23
566
865
12
13
Hilton Garden Inn (HIL)
14
19
2,095
3,095
13
12
Econo Lodge (CHC)
14
52
661
2,622
14
N/A
Canada's Best Value Inn
(Vantage Hospitality Group)
13
28
575
1,275
15
16
Courtyard by Marriott (MAR)
12
19
2,538
3,495
16
17
Residence Inn by Marriott
(MAR)
11
18
1,520
2,598
17
11
Delta Hotels & Resorts
10
43
4,037
12,723
18
18
Ramada Worldwide (WYN)
10
67
1,210
6,991
19
Four Points by Sheraton (STA)
9
23
1,565
3,532
20
N/A
Radisson by Carlson (CAR)
9
18
1,564
3,349
Top 15 Atlantic Brands by Units
Rank
2012
2011
1
1
9
Comfort (CHC)
32
148
2,602
12,530
8
Coast Hotels & Resorts
29
29
3,952
3,952
(IHG)
12
19
Rank
8
9
Company
Comfort (CHC)
10
Howard Johnson Canada
Franchise Systems Limited
(FUL)
13
13
Econo Lodge (CHC)
14
14
Delta Hotels & Resorts
20
43
4,752
12,723
15
N/A
Lakeview Inn & Suites
16
21
1,156
1,539
16
15
Nova Hotels
14
14
1,229
1,229
17
16
Fairmont Hotels & Resorts
12
20
5,562
9,956
18
17
Executive Hotels & Resorts
12
12
1,914
1,914
19
18
Hampton Inn/Hampton Inn &
12
35
1,246
3,817
20
N/A
Canada's Best Value Inn
11
28
520
1,275
Suites (HIL)
(Vantage Hospitality Group)
Top 15 Quebec Brands by Units
Units
Units
Rooms
Rooms
Rank
Rank
(ATL)
(CAN)
(ATL)
(CAN)
2012
2011
20
148
1,656
12,530
1
1
2
2
Company
Units
Units
Rooms
Rooms
(QC)
(CAN)
(QC)
(CAN)
Comfort (CHC)
28
148
2,245
12,530
Quality (CHC)
15
76
1,544
7,590
2
2
Best Western International
15
194
1,310
18,548
3
3
Rodd Hotels & Resorts
10
10
1,065
1,065
3
3
Best Western International
14
194
1,519
18,548
4
Econo Lodge (CHC)
12
52
580
2,622
4
5
Super 8 (WYN)
11
133
702
8,608
4
5
4
Quality (CHC)
9
76
920
7,590
5
N/A
Gouverneur Hotels
9
9
1,339
1,339
6
8
Howard Johnson Canada (FUL)
8
64
595
4,618
6
5
Holiday Inn Hotel & Resorts
7
64
1,779
11,591
7
6
Delta Hotels & Resorts
7
43
1,896
12,723
8
7
Holiday Inn Express (IHG)
7
77
817
7,947
7
6
Fairmont Hotels & Resorts
6
20
2,589
9,956
9
10
Days Inns - Canada (REA)
5
90
536
8,052
8
9
Delta Hotels & Resorts
6
43
2,036
12,723
10
N/A
Lakeview Inn & Suites
5
21
383
1,539
9
7
Days Inns - Canada (REA)
6
90
452
8,052
11
9
Econo Lodge (CHC)
5
52
239
2,622
10
8
Super 8 (WYN)
6
133
448
8,608
12
12
Coastal Inns
5
5
279
279
11
10
Holiday Inn Express (IHG)
5
77
595
7,947
13
13
Holiday Inn Hotel & Resorts
4
64
609
11,591
12
11
Hilton (HIL)
4
15
1,484
5,308
13
12
Residence Inn by Marriott (MAR)
4
18
704
2,598
4
35
534
3,817
14
13
Sheraton Hotels and Resorts
3
17
1,540
7,777
4
28
203
1,275
3
23
453
3,532
(IHG)
14
N/A
Hampton Inn/Hampton Inn &
(IHG)
Suites (HIL)
15
N/A
Canada's Best Value Inn
(Vantage Hospitality Group)
(STA)
15
14
Four Points by Sheraton (STA)
NOTE: All sales figures are in $millions.
CLN’s Top Chains REPORT continues on page 18
www.can-lodgingnews.com
4 |
TOP
55
CHAINS 2012
report
Top 15 Ont. Developer/Managers by Units
Rank
2012
Rank
2011
Company
Units
(ON)
Units
(CAN)
Rooms
(ON)
Rooms
(CAN)
Sales
(ON)
Sales
(CAN)
1
2
InnVest REIT
69
143
8,179
18,616
$221.19
$617.11
2
1
Westmont
Hospitality Group
68
173
8,409
14,081
N/A
N/A
3
3
Superior Lodging
Corp.
30
132
2,250
8,901
N/A
N/A
4
4
Royal Host
15
55
2,294
3,092
N/A
$89.61
5
5
Easton's Group
of Hotels
14
15
2,447
2,755
N/A
N/A
CANADIAN LODGING NEWS
CANADIAN LODGING NEWS’ ANNUAL
REPORT ON LEADING HOTEL COMPANIES
Top 15 West. Developer/Managers by Units
Rank
2012
Rank
2011
Company
1
1
Superior
Units
(WEST)
Units
(CAN)
Rooms
(WEST)
Rooms
(CAN)
Sales
(WEST)
Sales
(CAN)
90
132
5813
8,901
N/A
N/A
Lodging Corp.
2
2
Canalta Hotels
34
34
2389
2,389
N/A
N/A
3
4
Atlific Hotels &
29
44
3,869
6944
N/A
N/A
4
6
InnVest REIT
20
143
3,527
18,616
$157.92
$617.19
5
N/A
bcIMC
19
32
4,609
7,989
N/A
N/A
6
5
Pacrim
17
37
1,563
3718
N/A
N/A
7
9
Lakeview
17
35
1396
2,923
N/A
$32.02
Resorts
6
6
Northampton
Group Inc.
14
16
1,153
2,088
N/A
$29.57
7
7
Crescent Hotels
& Resorts
10
11
1,796
1,925
N/A
N/A
8
8
Atlific
10
44
1,620
6,944
N/A
N/A
8
8
SilverBirch
14
20
3,189
4,517
N/A
N/A
9
9
Concord
Hospitality
Enterprises Co.
10
10
1,341
1,518
N/A
N/A
9
3
Westmont
14
173
1,664
14,081
N/A
N/A
Vrancor
Hospitality Corp.
10
13
15
2383
1,399
N/A
$78.40
10
N/A
Inc.
Hospitality
10
1,272
1,272
N/A
10
Silver Hotel
Group
9
18
1,294
2,416
N/A
N/A
12
N/A
Lakeview
Management Inc.
9
35
868
2,923
N/A
$32.02
Sterling Group
Inc
8
Genesis
Hospitality
6
14
15
N/A
N/A
N/A
Sunray Group of
Hotels
13
567
10
6
777
6
586
914
1,416
586
N/A
10
N/A
11
N/A
Temple REIT
12
12
1643
1,643
N/A
$71.18
12
N/A
Mayfair
12
12
1064
1,064
N/A
N/A
11
11
920
920
$10.00
10.00
13
10
Rank
2012
2011
1
1
InnVest REIT
2
2
Westmont
17
& Resorts
N/A
14
N/A
Pomeroy Group
10
10
923
923
N/A
N/A
15
13
Fortis Properties
9
22
1605
4,305
N/A
$164.00
Rooms
Top 9 Que. Developer/Managers by Units
Sales
Rank
Rank
(ATL)
(CAN)
2012
2011
$89.01
$617.11
1
2
InnVest REIT
N/A
2
1
Westmont
N/A
3
3
Units
Units
Rooms
Sales
(ATL)
(CAN)
(ATL)
(CAN)
22
143
2687
18616
1,477
14,081
N/A
Pacrim Hospitality
17
37
1,536
3718
N/A
4
Superior Lodging
10
132
590
8901
N/A
10
Lakeview
9
35
659
2923
N/A
$32.02
5
Fortis Properties
8
22
1789
4305
N/A
$164.00
6
New Castle Hotels &
7
7
1162
1162
N/A
N/A
7
7
631
631
N/A
N/A
436
436
N/A
N/A
Resorts
8
7
DP Murphy Inc.
Rooms
Hotel Group
9
9
Steele Hotels
5
5
10
11
Royal Host
4
55
273
3092
N/A
$89.61
11
12
Hearthstone
4
4
188
188
3.50
$3.50
(QC)
(CAN)
(QC)
(CAN)
(QC)
(CAN)
32
143
4,223
18,616
$135.38
$617.19
27
173
2,531
14,081
N/A
N/A
Tidan Hospitality
8
8
1284
1,284
N/A
N/A
3
7
368
916
N/A
N/A
N/A
MANGA Hotels
Sales
4
N/A
Urgo Hotels
6
7
794
880
N/A
N/A
5
4
Superior Lodging
6
132
448
8901
N/A
N/A
4
4
1,220
1220
N/A
N/A
6
6
RosDev Hotel
7
5
Atlific
4
44
1,408
6,944
N/A
N/A
8
N/A
Quint Hotels
4
4
552
552
N/A
N/A
9
N/A
Sterling Group
4
13
296
914
N/A
N/A
Inc
Hospitality
12
Sales
Group
Corporation
7
Rooms
Corp.
Management Inc.
6
Units
Group
N/A
Corp.
5
Units
& Real Estate
Services Inc.
4
Company
Hospitality Group
Hospitality Group
3
Bellstar Hotels
Corporation
Rank
3
Holloway
Properties
N/A
N/A
7
Lodging REIT
N/A
Top 12 Atl. Developer/Managers by Units
Company
Group
N/A
11
13
Management
Group
NOTE: All sales figures are in $millions.
CLN’s Top Chains REPORT IS ON THE WEB AT WWW.CAN-LODGINGNEWS.COM